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3 Beds
2 Baths
1,500 sqft

$799,000

650 51st Street 1, Brooklyn NY, 11220

Price per sqft$532.67
Built in1905
Property size1,500 sqft
Property typeCo-op

Policies

Pets Allowed
Yes

Overview

Active

Listed May 5, 2025

Updated 6 days ago

This prime Sunset Park duplex unit is about 1500 sf consisting of 3 spacious bedrooms and 2 full bathrooms which includes half portion of the basement. The 1st floor has 2 bedrooms, 1 bathroom, living, dining, laundry and kitchen. The high ceiling basement has extra space and a bathroom. There are hardwood floors throughout the unit with large Anderson Windows and 9 feet high ceilings. Whole building was gut renovated in 1996. Roof was done not long ago. This unit will allow having some shared basement storage area and half of the backyard to grow summer vegetables or quiet enjoyment. It is in the area of Maimonides Medical Center, also within a short distance of all transportation, shopping, restaurants, and great schools. Close to 8th Ave & 5th Ave. The building is operated by Housing Preservation and Development (HUD). Buyer must meet the income requirements, and the household assets must not exceed the Asset Limit (which is 175% of AMI for a household of four or $198,975 per HPD's). Please check their website (https://www1.nyc.gov/assets/hpd/downloads/pdfs/services/asset-and-property-limits.pdf) The income guidelines including minimum requirement can be found on HPD website (https://www1.nyc.gov/site/hpd/services-and-information/do-you-qualify). Please request showing if you meet both minimum and maximum income requirements as per 120% AMI listed on HPD website. Each shareholder must live in their unit as their primary residence. The building is managed by HDFC, LLC formatted by the shareholders. Future owners have to do the same.

$5,316/mo

Est. mortgage payment based on a $799,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
492444

Interior Features

Bedrooms
3
Bathrooms
2
Basement
No

Other Property Details

Taxes
$1,450
Tax Frequency
Annually

Listed by Vito Angelo with RE/MAX Real Estate Professiona
Listing Contact: 7185322000 

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